A small electronic manufacturing company that makes communication devices has determined its costs as follows (all value data are expressed in millions euro):

a) Calculate and compare all single-factor and multifactor productivity for 2013 and 2014.
b) What conclusions do you draw?

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Output: Inputs: Labour Material and supplies Capital equipment depreciation 2013 2 1 0.6 0.07 2014 3 1.8 0.8 0.12